NZDCAD short term sell setup

13 Eki 2016

I am expecting breakdown of this corrective trend continuation flag sell on clear breakdown of this flag. In case flag do not breakdown then i will look for sell near trend line. If price break above the bearish trend line then idea will be invalidated.

14 Eki 2016

Not

If not in look for sell if price retest flag broken area.

16 Eki 2016

Not

So far price moving nicely. If price changes its pattern formation and forms any other pattern then i will not look for that particular pattern. If price start correction again and forms again trend continuation pattern like flag then i will look for sell again but i will look for sell near trend line only. Here is the update.

18 Eki 2016

Not

19 Eki 2016

Not

Price still in structure. I am expecting bearish wave. setup still intact.

19 Eki 2016

Not

Expecting bearish wave continuation.

19 Eki 2016

Not

structure changed Little bit but still in force.